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FOX Business
Feb 20, 2013 7:00pm EST
basically armageddon. the white house today focused on even more spending. the obama administration releasing the details of a plan to pump 50 billion more tax dollars into a stimulus-like tag -- package aimed at infrastructure as the president's continues blaming the republican party for the sequestered spin its alleged consequences. white house press secretary jay carney actually mocks congress today for being on recess with a deadline looming, telling republicans there is a very simple solution to this sequestration problem. simply capitulate to the president and the democratic party. >> i don't want to make predictions. i would note that congress is up this week, which says something, i suppose. but the fact of the matter is the march 1st deadline is looming. congress has an option, a very simple option, which is to take up the proposals put forth by senate democrats and house democrats. lou: being very helpful to the republican leaders. the problem with this statement is, there is no democratic proposal. the president has not picked up the phone to even begin to initiate or neg
FOX Business
Feb 12, 2013 7:00pm EST
be many special guests looking down on president obama from the balcony's in the house are representatives, including this man, apple ceo, tim cook, who will be sitting with the first lady. reports say the president will likely reference coke and apple for their latest plan to move manufacturing back to the u.s., but that is not the whole story. coke recently announced a plan to make the new macintosh and the u.s., but there are a tiny part of apple's business. apple's primary product, the ipad, iphone account for nearly three-quarters of the company's sales and are all made in china at places like fox con. that's not going to change a time soon. because as steve jobs once said denton cook echoed, you cannot find that many americans to hire. i bet there are just a few american engineers out there that would disagree, but they probably aren't looking at being paid $18 per day. mr. president, instead of dividing the ceo of the world's biggest company, what you bring in small business owners who are dealing with her policies the in and day out. while they're there may be t
FOX Business
Feb 11, 2013 7:00pm EST
: good evening, everybody. president obama preparing to pivot to job creation in tomorrow state of the union address in which he is expected to call for a renewed focus on jobs. of course, more government spending. we will show you how many times the president has had to pivot. also tonight among the latest on of 150-foot wide asteroid that is expected to come closer to striking earth than any other on record. the scientists say the * most likely threat is to the hundreds of weather and telecommunications satellites in geostationary orbit some 22,000 miles above the earth. and what a small college with a big idea, a big idea that could create chaos for more than 4,000 colleges and universities in the country if they follow suit. that plan may prove expensive and embarrassing to all those schools. we'll tell you all about it. we begin with the president's fourth state of the union address and his expected calls for more taxes, more spending, and yet another predicted job creation. a white house aide telling the "wall street journal" the president obama will call for spending aime
FOX Business
Feb 21, 2013 7:00pm EST
. thank you for being with us. and now just over one week from the obama's cluster taking effect or should i say the unleashing of the sequester. seemingly has his entire administration of full force forecasting horrifying events of the sequester is not stopped, and the president's threat million predicting disaster if the $85 billion in arbitrary spending cuts to is not prevented. we'll respect this president does a man of intellect and immense political acumen, a man of many seasons and parts, but he is also a man of many threats. the president wants to raise more taxes just a weeks after congress agreed to a higher taxes in order to reach agreement if faugh -- he's out pushing the politics of fear, dg his way or disaster. a sequester is a least, the military, he says, will be ready if called upon. the white house says fbi agents will be furloughed along with civilian federal employees. federal prosecutors allegedly will close cases and let criminals run free. air traffic controllers and airport security to be furloughed. thousands of teachers and educators and first responders all laid
FOX Business
Feb 21, 2013 10:00pm EST
the federal government has nothing to do with first responders, teachers, or administrators. the obama white house seems to want us to believe that the streets will be filled with both toddlers and crux, airports will resemble a ghost towns, and the federal government work force will be reduced by about one-third. scary. scary except we have heard all of this before. are very on president. we heard it in the debt ceiling debate. we heard it in the run-up to the fiscal cliff. remember this threaduring the debt ceiling debate back in the summer of 2011? i cannot guarantee that those checks go out on august 3rd if we have not resolve this issue because there may simply not be the money in the coffers to do it. this is not just a matter of social security checks, veterans' check folks on disability and their checks. about 70 million checks that go out. lou: more recently in the linda congressional session in the fiscal. >> debate, president obama issued his threat. >> what has been holding us back is the dysfunction here in washington. and if people start seeing that on january 1st this problem
FOX Business
Feb 15, 2013 12:00am EST
informational onfoation message of the union. jefferson wrote his and george washington said 800 words, obama is several thousand. that depresses me. are their younger members of congress to give you hope? >> yes, certainly, the numbers aren't great to but six thirds of that will do a good job that is more than the years when i was there. that is encouraging. john: you have endorsed a few. >> yes comet it is a good start. we do need more but after tostening to a speech likeing that you should be convincedat there will not quit before there is a calamity but that doesn't mean we shouldn't try to change their minds but to think in two years we have more members of congress and by and they come to our senses to vote against the largess and bring troops home and a repeal the president fromer manassas -- assassinating citizens and will not happen.but there be a crisis with a decision made by the people right now they're in college we have been maligned but we could solve some problems but right now will not be a gradual but we will have a financial crisis that will be very serious. john: the answe
FOX Business
Feb 21, 2013 8:00pm EST
. >> president obama loves to demonize oil companies, and he said in last state of union address we could save billions by getting rid of tax loopholes, yet he is the guy in power, he said he agrees with republicans in congress about lower the corporate tax rate, why have we not seen any act, i hang on is full of words. >> i have something to add, president had i think at least three commissions, we talked about this many times, that have all recommended same thing, get rid of junk in tax code, lower rate on, side, much more effective. paul volcker who headed president obama a tax commission said that is costing america jobs, president obama keeps saying jobs is job number one. why are we not doing this. neil: i think, you know, i think that restaurants, i don't know why i'm fixated on food. but if someone else pays bill you don't care, when i go out, let's say, you try the me, steve, even though i know you are cheap and you wouldn't do, that i would order two appetizers and the expensive bottle of wine. >> that is why do i not ask you out for dinner. neil: and i think that americas are -- ame
FOX Business
Feb 21, 2013 11:00pm EST
headed president obama a tax commission said that is costing ameca jobs, president obama keeps saying jobs is job number one. why are we not doing this. neil: i think, you know, i think that restaurants, i don't know why i'm fixated on food. but if someone else pays bill you don't care, when i go out, let's say, you try the me, steve, even though i know you are cheap and you wouldn't do, that i would order two appetizers and the expensive bottle o wine. >> that is why do i not ask you out for dinner. neil: and i think that americas are -- americans are the same way, if someone else is footing the bill who are you to look at price of the bill. where if you have skin in the game, you are all paying than you are more cog my sent not only -- co coggie -- was not ony service but the tip at the end. >> it reminds me of atlas shrugs, everyone had to have a man in washington in that story, in a economy where big business have to depend on their man in washington, what does that do to the little guy, there is a antigrowth, anticoffnes anticom. neil: let me say it would not kill us to at least
FOX Business
Feb 22, 2013 7:00pm EST
money under obama care, but should they be forced to cover husbands and wives alike? this is what you dweeted me, the spouse is not covered otherwise and family too, but steve disagrees saying companies showrm be forced to cover anybody. we asked the questions on our website, 27% said yes and 73% said no. tonight, i agree with mayor bloomberg, can you believe i'm saying this? the man who banned soda, salt, and anything fun in new york city is in the right this time. bloomberg view stowed what could have been the most aggressive measure to have employers ignore unemployed job seekers. it bans ads say unemployed need not apply, but this one let'ses rejected applicants sue employers. all this does is produce more lawsuits, not more jobs. you can't make blanket laws like this. that's my who twenties more. that's all for tonight's willis report. thank you for joining us. have a great night. see you back here monday. ♪ lou: good evening, everybody the day can be described as quiet from washington to the middle east, where as two days for market selloffs brought i told you sos from some wa
FOX Business
Feb 23, 2013 8:00pm EST
obama seems stressed out about sequestration. >> tom: well, he is kidding some people i guarantee you. and he thinks there is something up with the drone program. >> tom: strange, like the pause because it is strange. thanks to everybody that contacted the show this week. keep your comments coming in. we're open for business 24/7. check out facebook page. you can follow me on twitter. by the way, on the facebook page there is a little app if you want to listen the radio show, it's right there. all the ways to contact us is the main website which is my name, tomsullivan.com. we are many stations around the country and like i said. you can click the button on my website. it's every weekday from 3:00 to 6:00 p.m. eastern. we'll have another great tv show for you next week on fox business. in the meantime, i hope to hear you on the radio. lou: good evening, everybody the day can be described as quiet from washington to the middle east, where as two days for market selloffs brought i told you sos from some wall street gurus. today's triple digit rally in the dow was unobserved by those who
FOX Business
Feb 13, 2013 6:00pm EST
stole the show from president obama last night. it is this lady who is 102 years old, she was the guest of michele obama. as a haitian immigrant, she has become an icon in society. she waited in the early voting line for three hours. only to get told that you come back. she made a fuss, came back to castroville, and her inspiring story went viral. there she is, all dressed up. they are saluting her, i don't know what this was, but there you go. >> i waited in line for two hours or more with my baby strapped to my chest. >> you did? >> i did. melissa: that is all the money that we have for you today. here comes gerri willis. gerri: hello, everybody, i am gerri willis. tonight on "the willis report", president obama hitting the road to promote his federal spending programs with this crazy idea. >> nothing i am proposing tonight should increase our deficit by a single dime. also, the plan to hike the minimum wage to $9 per hour. a boot to the economy or a jobs killer? i will break it down. and, we'll president obama's latest plan keep your money safe? "the willis report" is on the case. ge
FOX Business
Feb 19, 2013 7:00pm EST
, everybody. president obama today fresh from a three day vacation and a dustup for the white house press corps push in the lumen sequester cuts to the top of the public agenda. $85 billio$85 billion of arbitry spending cuts per week, sure and there would be no sequester and now with nine days remaining before it all goes into effect, he is basically complaining republicans aren't leaning on the issue. mr. obama has not taken any initiative to bring republicans and democrats together for a discussion, let alone a negotiation. and he hasn't even called republican leadership to talk about a compromise on sequester. instead, listen as the president doesn't acknowledge the sequester originated in the white house, and that he bears great responsibility for resolving the issue. >> republicans face a simple choice, are they willing to compromise to protect vital investments in education and health care and national security and all the jobs that depend on it. where would they rather put hundreds of thousands of jobs and hourl entire economy at riso close loopholes that benefit only the wealthies
FOX Business
Feb 23, 2013 4:00am EST
talks with jeep these prime minister, president obama took a rare question from the press in the oval office. it said he's still optimistic there's a bigger budget deal with spending cuts. >> i've been very clear that there's an alternative which is for us to state the balanced approach presented where we have more strategic cuts on programs we don't need, and we close some tax loopholes that are taking advantage of only by the well-connected and well-off. >> a far more pessimistic tone from boehner's office charging the president has been awol. the spokesman declared sound bites and speeches don't yield results while the conservative group launched a new ad today mocking the apock lippic tone from the president. >> do you want to see a lot of first responders lose their job, teachers laid off, air traffic controllers, and airport security is a hardship on people, seniors, middle class families scramble to find child care if for the kids. >> he signed it into law. >> every three months around here, there's a crisis. >> they continue the drum beat of gloom and doom with the secretary w
FOX Business
Feb 20, 2013 9:20am EST
scale. there's new pressure for president obama to retaliate against china after reports say the chinese army has been behind a series of cyber attacks on the u.s. the white house is reporting considering fines and other trade penalties. china denies any involvement, but hacking, those stories are big today. back to you, nicole, you're watching google the day after it it broke above 800, where is it? >> yeah, hey, well, let's talk about google, right? hey, i was checking on it, 8.07 was the high and new hundred level and he's he shouting his opening trades and you can see it above the 800 mark at 805, a good one. stuart: and it broke above 800 on our air as of this time yesterday. nicole, yahoo! what's with it, a new look or something, what's that? >> a new look and the stock is up about 1/2 a percent for yahoo! and that's one that we'll watch as the new look as well on their site. so, keep an eye on that one as well. when i think about google though, i have to double-check, but when that initial public offering happened, i think it was like $84 or something. stuart: yes. >> and it's at
FOX Business
Feb 11, 2013 9:20am EST
. obama has not had to listen to people who see it differently. he had to listen to 25 minutes, the left is outraged, lecturing the president, and some have taken note. dr. ben carson should be be president. the tax the rich policy is shaky and obamacare is a disaster, but the debate on what to do, what's right to do about it is back on the front burner. "varney & company" is about to begin. did you know not all fiber is the same? citrucel is different- it's the only fiber for regularity that won't cause excess gas. it's gentle and clinically proven to help restore and maintain regularity. look for citrucel today. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> i've got to tell you this was a monday morning stunner. pope benedict announcing he will step down at the end of the month, the first time a pontiff has resigned in over half
FOX Business
Feb 20, 2013 8:00pm EST
obama will say, it is the other guys that did it, it's not me, and the blame will stick. lou: is it that republicans don't understand president obama is playing smartly and for keeps? it is like the republicans do not understand that this is not a dress for her soul. it is a reality. it is now. it is urgent. >> we have seen a lack of consensus in every level. the republicans are ready for someone to stand up and say, wait a minute. lou: all of our colleagues on this network are saying it. give us an answer. >> the democratic party in 1984, they just got beaten by in the 1980s. and then they had one more loss in 1988 before they really woke up and change their children under the direction of bill clinton in 1992. it happened to republicans as well. lou: we will take our comfort in his report tonight. judith miller, hank sheinkopf, thank you for being with us. coming up tomorrow, we will be joined by congressman nunes of california and ambassador john bolton. please join us, we will see you tomorrow. goodnight, from new york. neil: all right, china. we are warning you. one more
FOX Business
Feb 12, 2013 11:00am EST
that with obama four years ago. stuart: someone who is a doctor who seeks to heal versus lawyers who want to win by fighting. that is what got a lot of people upset. stuart: the man comes from completely outside the political realm, makes one speech in the presence of the president at national prayer breakfast and suddenly america at -- we are talking about him and -- [talking over each other] charles: we are desperate because we saw a bunch of people run for political office the highest land and for over each other. liz: no one has a monopoly on debate. he is allowed to speak his mind which he did. stuart: for 25 minutes he had the president's attention. charles: my prediction tonight, the speech tonight will be a reenactment, modern update of the four freedom speech from fdr is what i am predicting. stuart: are you on the show tomorrow? charles: i don't know yet. in the one that is it. dagen mcdowell and connell mcshane. dagen: you heard that live. [talking over each other] dagen: charles -- stuart: that was good. we call you 6, this prediction. connell: i am connell mcshane. dagen: i am dagen
FOX Business
Feb 13, 2013 7:00pm EST
. well, that's what obamaments. that's what this guy wants too. we have all of these things that have happened in the past where he has been -- does some things that other members have not done. there's a lot of reasons to oppose him. those are my reasons, but senator cruz is entitled for what he's asking for, and we are doing all we can to get it. lou: saint -- he is entitled to what he wants, but are you pleased with where we are now? do you suspect as a result of where we are that senator hagel will be confirmed or not? >> i can't tell you that, lou. you know, we are counting votes right now. you told me something i was not aware of that susan is going to oppose him. that's good news to me because it's going to be a downhill one vote. lou: one vote. do we have the senator's statement here that we can share with the audience and senator inhofe? have you got it? all right. here we go. this is her position now. senator inn hof. i don't know if you why see it, but "i'm unable to support senator hagel to be the secretary of defense because i do not believe his positions, votes, and stat
FOX Business
Feb 13, 2013 9:00pm EST
hedge fund. >> hello, everybody. tonight on "the willis report."y >> president obama hits the road tonight to ponromote all of his federal spending programs.night shou i >> nothing should increase the deficit by a single time.me. also, the plan to hike the minimum wage to $9 per hour. ho. a boost to the economy, or a eco jobs killer. i will break it down.l presidens latest plan keep your money safe? "the willis report" is on the case. gerri: all of that and more coming up. but first, call him the magician in chief. president obama is proposing tens of billions of dollars in new spending. he says that won't cost us a dime. now, that really is magic. fresh off the state of the union speech, the president hit the road today to push his new economic agea that looks exactly like his old economic agenda. dozens of new federal spending programs. from the federal education program, building homes in rundown neighborhoods all over the country. the estimates of this the cost her at least $130 billion. on top of what we already owe. who really knows? not even theresident. he has encountered i
FOX Business
Feb 4, 2013 8:00pm EST
china is crossing a real big line, and president obama, should drop everything to address this. ' to start with you jed. we hear about cyber war and cyber warfare, i'm not sure a lot of people take it seriously, can you describe what is at stake? >> every 6 rhet secret that we n our nation, and every computer network that runs virtually everything we do. is i serious stuff, maybe short of an act of war, but china has been going on, for a long time on pr this path, i think about 5 years ago they hacked in army's computer system in pentagon shutting down the e-mail. this is not new, titan rain code name, you know there is two types of government agents in u.s., those who have been hacked by china, and those who don't know they have been hacked this happens roughly a hundred times a day, attacks coming in from china from all sorts of places mostly guangdong province, this is say military effort. charles: michelle. no react, i rarely hear anything from washington in a political realm we hear china manipulating currency but no one talked about this which seems more dangerous? >> it
FOX Business
Feb 17, 2013 2:00am EST
found 14 failing solar companie that have already cost taxpayers over $3 billion. if president obama wants to play venture capitalist with taxpayer money, he should remember this: that the type of progress that rick is alluding to is in early stage r and d. it's not in giving huge vast sums of taxpayer money for companies to operate and tax credits forever. this is the big problem for obama. the private sector, which would buy these goods, doesn't want them. >> perfect example of that, morgan, is electric cars. they keep trying to fist electric cs on the american public. they don't want them. tesla has a new electric car. they have over $400 million in loan guarantees for the federal government. turns out, according to the "new yorkimes," they don't deliver what they promise. >> yeah. i'm going to stay away electric that issue right now for a little bit. what i am gog say is, yes, we are seeing a lot of waste and i do think there is a lot of room to streamline that waste. but i don't think we should be cutting off all green spending. going back to president obama and what he pitched
FOX Business
Feb 13, 2013 10:00pm EST
, the obama am cane attacked mitt romney for investments and shelters money. lew urged congress to stop the sequester suggesting cuts pose self-inflicted wounds to the economy. on a second term priority, one said president obama must lead. >> i hear the president talking about raising revenue through tax reform. to me, if you get economic growth, it's new revenue, but the old-fashioned way. that ought to be the goal. >> conservatives like jeff sessions are angry about lew's testimony in 2011 as budget director. >> senator, i think it's an accurate statement our current spending will not increase the debt. we stopped spendsmoney that we don't have. we just can't wish the debt away. >> sessions so mad, accused lew of deliberate deception with the comment. it might not be enough to stop the nomination in the committee, but could lead to fireworks on the senate floor, lou? lou: quite a statement from jack lew. let alone economists will be going through that one for awhole.. the president renewi his calls for immigration reform during the state of the union address. the department ofhomeland
FOX Business
Feb 19, 2013 5:00pm EST
that president obama abandoned them. he released their report and pretended it never happened. president obama has talked a good game about deficit reduction but he doesn't seem to be seriously interested in it. a sign of that his own guys are abandoning ship from him and they're going much more in the direction of the republicans than the democrats. sandra: diana, isn't that part of the problem, we're not seeing any interest whatsoever from washington? >> i think we're seeing interest from washington. house republicans passed a bill that would cut 5 trillion over ten years. the problem with simpson-bowles is that 1.2 trillion in cuts over ten years, congress can't even deal with 85 billion this year and is resorting to the sequester. the cuts in medicare, physician reimbursements, right now, we just had the doc fix. we have this in the law, every year physician reimbursement is supposed to be cut. every year congress puts money back. 600 billion in tax reform. it is not tax reform if you raise tax rates. it is only tax reform if you keep it revenue neutral, broaden the base, get rid of expend
FOX Business
Feb 19, 2013 9:00pm EST
of chocolates, you never know what you're going to get. and so it is with president obama's most cherished block, obamacare, promises that turned out to be untrue le you can keep your doctor. your plan will change, or medicare will be. today payments will be cut, and they are steep. the program affected medicare advantage. as the medicare program in which private insurers provide health insurance to seniors and then paid back by the government. those payments now expected to be much lower. the insurance industry says $11 billion lower. the new payments rates are still not final, but the ns sent shares and health care stocks tumbling today. look at this. he managed down 11%. it rebounded slightly. still closing down more than 6%. it's not just talk oldest and denied there. paul ryan he was accused of throwing granny off the cliff. remember this? who is throwing gray off the cliff now? the effective date is with advancing years been described by the health insurance lobby is a crushing blow. the 14 million americans rely on medicare advantage now now at a disadvantage. many insurance comnies a exp
FOX Business
Feb 4, 2013 6:00pm EST
&p that cut the u.s. aaa credit rating back in august august 2011. unbelievable. meanwhile, the obama administration has been getting called out for picking winners and losers in the energy sector, mostly losers. a new bill would eliminate all of the energy, all of the energy tax credits. would that make it even playing field for people in that this is? running me now, republican congressman of kansas superposed the bill. congressman, welcome to the show. are you trying to accomplish with this? >> several things, first of all. thank you for having me on the show and talk about this. this is about affordable energy for the folks in kansas and california. affordable energy that they can depend on and rely on. our tax cut has become one that favors folks with a political ties and not those customers. in so many energy companies to get back to doing what they're supposed to do, creating value through finding customers, not political patrons. my legislation does just that, getting rid of every single energy tax credit in the entire code. i am all for it. we should close these loopholes for
FOX Business
Feb 6, 2013 12:00am EST
the deficit through immigration reform. how did it work? president obama held meetings today with top ceos and labor leaders. we have all the latest details. >>> plus the justice department body slammed standard & poor's alleging it defrauded investors over mortgage securities rating. is s&p cooked? john eagan, ceo of eagan jones rating company joins us exclusively to react. >>> the entire electronic industry could be turned upside down. foxconn workers in china will get the first free union vote. these guys produced 40% of the world's electronics. will this push up the price of your smartphone? you might want to embrace for impact. even when they say it's not it is always about money melissa: first let's take a look at today's market moments. stocks recovered after the worst day of the year. solid u.s. and european economic data helped put the bulls back on the track. the dow briefly climbed back above the 14,000 mark and pared session highs closing up 99 points. nasdaq and s&p 500 each gained more than 1%. >>> starting off tonight with president obama's big plan. using immigration reform
FOX Business
Feb 3, 2013 2:30am EST
percent of gdp. under president obama and harry reid and nancy pelosi that exploded. it is 25 percent of the gdp. discretionary and entitlement spending, we have record-breaking deficits. no one is stopping it. nwe have a spending problem. we don't have a revenue problem. johnathon first. >> yeah, we don't, eric we tax enough and so much of what our tax dollars go to are not specified in the constitution. to the congressman's point. it is specified in the consitution. food stamps and fema and epa and healthcare and all of the other money is found no where in the constitution . it is it basically taxing people's lives . until congress gets that out of their head when they tax and borrow, they are hurting individual americans . it is getting out of the control. >> congressman can why gree we have a spending problem and not a revenue. >> we have. as the commission said we should do spending reductions and two dollars of every tax dollar . if i could. there are stow many, look at glaxco smith kline . 7 years they had hid from the fda. >> let's stay on topic congressman. stay on topic. way
FOX Business
Feb 4, 2013 11:00am EST
stuart: we just had time to squeeze in the "highlight reel." >> president obama and harry reid wants more "revenue." >> and looking to expand it. >> republicans would have been blamed for any tax increase on the middle class. >> the end result being he takes more money off of wealthy people. >> it slows us down gradually. >> many can say texas don't matter. of course they will in the long run. stuart: here we come. what a perfect moment to throw it to dagen and connell. connell: good morning, everyone. dagen: america is a good bet. here to tell you why. connell: one of our guests in this hour could be the next energy secretary. dagen: more on the power outage and the record-breaking at cbs sports for that incredible game. connell: and cyber attacks, the white house considering action against china. dagen: i had the ravens, did you? by a field goal, 27-24. connell: nobody knows football like dagen mcdowell. clearly. dagen: stocks now has to do every 15 minutes, nicole petallides at the new york stock exchange. nicole: a good bet going. if yo you're betting on the mar, 14,000 mar
FOX Business
Feb 19, 2013 1:00pm EST
in this as well. some people do not even know how to find it. ashley: president obama pointed the finger at congress again today. urging lawmakers to act. >> congress allows this meet cleaver approach to take twice. it will jeopardize our military readiness, it will eviscerate job readiness and education and medical research. ashley: while the president surrounded by first responders asked congress for a short-term fix. if the sequester were to take waste, hundreds of thousands of emergency personnel would have their jobs in jeopardy. if congress were to take action, it looks like it would be down to the wire. just eight days to go until the cuts hit. the president prodding coming just after deficit talks. lou dobbs coming up in just a few minutes to wait in on that. tracy: i guess this is their fourth in three years. office depot and officemax in talks to merge. could staples be the big winner here? ashley: new details in the multibillion-dollar diamond heist in belgium. this story straight out of the movies. cheryl: it is like oceans 11. let take a look at metals. gold, silver, copper
FOX Business
Feb 21, 2013 9:20am EST
obama doesn't have to face any tough questions, does he, about gas prices, about the so-called armageddon that he's predicting if the spending cuts go through. why is that? we're talking about it coming up the top of the hour and number two, greenies insist of keystone pipeline will make global warming worse and oil from canada's tar sands is so dirty it will pollute the environment more. we'll be joined by a sensible environmentalists saying the left is promoting a climate of fear. wait until you hear this, a company that sets up a fake girlfriend for you on-line, even sends fake messages and voice mails. we'll tell you how much it costs. will people really pay for this? i bet they do. we're talking about it at 9:50 this morning. let's get back to the price of oil. wow, look at that. 93.17. way, way down, down two bucks, that's a selloff. will gas prices follow? we shall see. the honeymoon could be over for the markets. the fed hints that it will stop printing. and it's just a hint. radio host and former investment banker carol roth is here. her take on that and jon cor
FOX Business
Feb 18, 2013 11:00am EST
immigration bill. a copy of president obama's plan has been leaked. illegal immigrants would be allowed to become permanent residents of this country in eight years. marco rubio had this to say. the president bill would be dead on arrival in congress leaving us with unsecured borders and a broken legal immigration system for years to come. stephen moore joins us now from washington, d.c. do you think that the white house plan really does throw a wrench into reaching any kind of bipartisan agreement? >> i think this was a real setback. this is very delicate negotiations. you need to find a way to let more immigrants into this country. you need to have a way where people who have been here to have a path to legalization. it has to be coupled with tougher border security. everyone knows that. for some reason, the president is basically saying, we will not move forward with the border security, but we will with these other elements. i think that is a killer. i think marco rubio is right. dagen: why leak it in the first place? in washington, there is always a reason that things come out. >>
FOX Business
Feb 18, 2013 1:00pm EST
of greece? check out the front cover of the latest addition. "we follow president obama's plan, the u.s. will be in worse shape than greece is today." it will take 25 years, maybe sooner. the federal debt is the problem. we have to make serious spending cuts now. we could be like greece. interesting. and frightening. tracy: nobody is cutting anything any time soon. what do they drink in greece? ashley: -- tracy: okay. get that out. revealing illegal immigrants would be allowed to come and become legal permanent residents. marco rubio had this to say. >> it would be dead on arrival in congress, leaving us with unsecured orders and a broken legal immigration system for years to come. no surprise. lou dobbs is here and has something to say about this. lou: i am not riled up, by the way, at all. this is entirely to be expected. the bipartisan plan, which they almost have complete. they have not been paying attention for the past four and a half years. this is a partisan issue. the republicans clamoring as best they are darling little hearts can do to catch up. they are not doing so. i am
FOX Business
Feb 19, 2013 9:20am EST
, let me ask you about that, because at 10:45 this morning, president obama goes before the cameras and i think he's going to give us his ideas how to avoid sequester, how to avoid the big spending cuts. let's suppose that he's not successful, that we cut spending, 85 billion dollars between march 1st and the end of this year. if you take 85 billion dollars worth of government spending out of the economy, does that push us into recession? >> i don't believe 85 is enough to push us into recession, it's slightly weakening, in the scheme of the size of the federal budget. 85 is not very large. the payroll tax is double that amount when you add the gas tax, so it's much more severe and it hits right into the consumption, personal consumption expenditure of 130 million working americans, i don't think that the 85 is the issue, it's an extended period that becomes the issue if they don't resolve things. stuart: david, thanks for joining us, sir, come back again soon, thank you. >> thank you, stuart. stuart: all right, everybody, you saw the headlines, nightmare at sea and the video, peopl
FOX Business
Feb 21, 2013 11:00am EST
their money on president obama when it comes to the cyber security war. dagen: another cold glass to our nation's heartland. connell: the tough decisions that need to be made when a company's brand is engulfed in scandal. dagen: it is the top of the hour. nicole: i am watching a market that really continues to sell off. there are concerns about whether or not the fed will hold the stimulus at any point. today you have accelerated selling. we are down about 57 points. the dollar remained to the upside. i am seeing most sectors lower. a lot of groups under. back to you. connell: the secretary of defense leon panetta is now warning that the pentagon is planning a partial virgo. dagen: to wait in "wall street journal" board member, jason riley. if you look at, it will only be about 45 billion discretionary mandatory cuts. >> we are talking about 7% in defense, 5% and domestic spending. the sequestration goes through, you know, the first responders will go away. cities will burn. border control, at this rate, illegal immigrants will raid this country. connell: you think it is basically no big
FOX Business
Feb 1, 2013 6:00pm EST
naonal. go like a pro. gerri: president obama has made the oil companies out to be tax cheats, but i'll write down how the world's biggest is paying more than their fair share next. ♪ ♪ gerri: well, it was a record date or near record day for one of the world's biggest companies , exxon mobil. now, the oil joint -- giant barely missed a record 44-year earnings just under 45 billion, 340 million shy of its 2008 record profit. net income equals $2.20 per share or about $10 million a. it's a huge number for that company. as a result of the success people on the left really does the companies say they don't deserve the massive tax breaks they're getting. these big bad boy of guys have to pay their fair share like the rest of successful -- i mean, i'm sorry, wealthy americans. take a look at this. for the fourth quarter exxon paid nearly seven and a half billion dollars in income taxes. nearly 8 billion in sales taxes. nearly 9 billion in assorted other taxes, a total of more than $24 billion in taxes. so, let's revisit the top of the segment for a moment. according to today's earning
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